About Harmonic Drive
Harmonic Drive is a compact, precision reduction, high-performance gear. It is one of the crucial apparatuses used in robotic products such as collaborative work robots. Mechanical speed changing device is called Harmonic Drive. Harmonic gear consists of a tinny ring that glances elastically as it rolls on the inside of a slightly bigger rigid round ring. Flex spline is a chief part of a harmonic drive that can create a frequent vibration by the wave generator
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analyst at AMA Research estimates that Chinese Manufacturers will contribute the maximum growth to Global Harmonic Drive market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
HDSI (United States), Leaderdrive (France), Beijing CTKM Harmonic Drive (China), BHDI (United Arab Emirates), Zhejiang Laifual (China), Nidec-Shimpo (United States), Cone Drive (United States), Sumitomo Heavy Industries (Japan), China Harmonic Drive (China) and Motion Control Products Ltd (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Nabtesco (Japan) and Ningbo Haishu Totel Imp. & Exp. Co., Ltd. (China).
Segmentation Overview
AMA Research has segmented the market of Global Harmonic Drive market by Type (Cup Style, Hat Style and Pancake Style), Application (Industry Robot, Semiconductor Manufacturing Systems, Flat Panel Display Manufacturing System, Machine Tools, Optical Machine, Printing, Bookbinding and Paper Machine, Metal Working Machine, Medical Equipment, Space Equipment and Others (Humanoid Robot, Telescope etc.)) and Region.
On the basis of geography, the market of Harmonic Drive has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Harmonic Drive market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Adoption in Medical as well as Military Sector and Increasing Demand in Oil and Gas Industry
Market Growth Drivers:
Growing Demand for Industrial Robot and Rising Dependency Due To Accurate Control of the Motions for Axis Positioning and For Tool Changing
Restraints:
High Switching Cost
Opportunities:
Technological Advancement in Harmonic Drive
Market Leaders and their expansionary development strategies
4th March 2019, Nidec Corporation has acquired 70 percent ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies.
In February 2023, Harmonic Drive, a provider of precision motion control solutions, launched of its HPF series of hollow shaft gear units. Designed for heavy-duty industrial applications, these advanced gear units aim to offer high torque outputs and flexible installation options, making them ideal for use in demanding environments.
Key Target Audience
Harmonic Drive Manufactures, Harmonic Drive Distributors and Suppliers, Industry Associations, Government and Private Research Organization, Government Regulatory Bodies, End User Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.